As Bitcoin (BTC) sets eyes on new highs, its bullish sentiment is lingering while the bulls are waiting for the retail investors to join the party. While the market bull rally continues, Pullix (PLX), a new DeFi coin, is already making waves in the market. The New DeFi project is set to challenge Binance (BNB) in 2024. The Pullix ambitions to rival Binance (BNB) and other established exchanges add new spectra and intriguing layers to the evolving crypto landscape. Stay tuned for developments that could reshape the narrative of 2024’s crypto trajectory.
Pullix (PLX) Announces DEX Entry, Set to Rival Binance
Binance may have found a new challenger in Pullix even as Bitcoin continues to set new highs. Pullix has been a huge success in the decentralized cryptocurrency list, shifting the focus of investors to its highly talked about presale. With the presale now over, investors are now shifting to Uniswap after the token was listed on the DEX platform. Already, early investors have gotten 320% ROI.
Pullix is a groundbreaking innovation that is set to be a solution to investors’ constant problems encountered on exchanges. Pullix will allow open trading and transparency, allowing investors to be in charge of their assets. Not only that, the platform will provide adequate liquidity, zero commission on transactions, and powerful security measures to combat the threat of crypto theft.
The project has become the talk of the market after attracting 18,000 participants and raising over $9.5M in presale. Having already sold over 100M tokens, the PLX is set to be listed on BitMart on March 7. As the crypto market prepares for the launch of the project in the next few days, the platform has announced the launch floor price which is set at $0.168.
Investors can also explore the Pullix profit share model which gives token holders a percentage of the platform’s daily revenue. At the end of the presale, there will be a token burn feature for the surplus tokens. With the Pullix market cap set for starting at $36.6M, the future looks bright for the platform. As such, Pullix is a DeFi coin to watch out for in the year.
Bitcoin (BTC) Sets Eyes on New Milestone After Crossing $60k
Bitcoin’s (BTC) all-time high record was in the 2021 bull run, with the price value hitting $68,000. However, with the momentum Bitcoin is building now, the token is set to surpass the old highs and spark new milestones.
Bitcoin price has witnessed a 185% increase on the year-to-date price chart, with the monthly chart showing a 49% price rally. The data from CoinMarketCap shows that Bitcoin is closer to its all-time high and could rally above it sooner than anticipated. With the bull market not yet in full motion, the Bitcoin price may hit $100,000 in the year.
Binance (BNB) Exhibits Bullish Momentum But Could Face Challenge From Pullix
Binance (BNB) has skyrocketed in the last few months, with the token price rising from $298 in early February to more than $400 in the past few days. These figures represent over 38% increase on the Binance coin monthly price chart.
While this is a spectacular performance from Binance coin, the token growth is set to compete with Pullix which is coming up with a novel idea to solve the issues encountered in Binance. Meanwhile, as the bull market reaches full swing, the Binance price may reach $500 in 2024.
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